Rand Capital Co. (NASDAQ:RAND) Short Interest Update

Rand Capital Co. (NASDAQ:RAND - Get Free Report) saw a significant decrease in short interest in the month of January. As of January 31st, there was short interest totalling 6,700 shares, a decrease of 47.7% from the January 15th total of 12,800 shares. Based on an average daily volume of 11,200 shares, the days-to-cover ratio is currently 0.6 days. Approximately 1.1% of the company's stock are short sold.

Analyst Ratings Changes

Separately, StockNews.com began coverage on Rand Capital in a research report on Monday. They set a "strong-buy" rating on the stock.

Rand Capital Stock Down 1.9 %

Shares of NASDAQ:RAND traded down $0.50 during trading on Monday, reaching $26.03. 17,288 shares of the stock were exchanged, compared to its average volume of 13,434. The company has a debt-to-equity ratio of 0.06, a current ratio of 15.99 and a quick ratio of 15.99. Rand Capital has a 1-year low of $13.11 and a 1-year high of $28.50. The stock has a fifty day moving average of $21.10 and a two-hundred day moving average of $18.51. The firm has a market cap of $67.16 million, a price-to-earnings ratio of 5.23 and a beta of 0.44.

Rand Capital Announces Dividend

The business also recently declared a dividend, which was paid on Friday, January 24th. Investors of record on Monday, December 16th were given a $4.20 dividend. The ex-dividend date of this dividend was Monday, December 16th. Rand Capital's payout ratio is currently 337.35%.

Rand Capital Company Profile

Rand Capital Corporation is a business development company specializing in subordinated debt with warrants or preferred equity and venture capital investments. Within private equity, the firm specializing in capital growth and lower middle market investments. Within venture capital, it specializing in early to late-stage private businesses.